Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
73 REDWOOD is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £199,950 in September 2019, which was around 18% below the average September 2019 detached price in the Oldham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 73 REDWOOD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the four 73 REDWOOD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2019 23 SEP | £199,950 | £243,884 | 18% below HPI |
2017 12 MAY | £170,000 | £215,194 | 21% below HPI |
2001 24 SEP | £78,000 | £90,238 | 14% below HPI |
1995 25 AUG | £57,000 | £70,681 | 19% below HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The four 73 REDWOOD sales between August 1995 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
73 REDWOOD is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 73 REDWOOD lies on this distribution: 8% of detached houses are smaller than 73 REDWOOD, and 91% of houses are larger. Note that EPC data is not available for all properties in Chadderton.
73 REDWOOD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 73 REDWOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 73 REDWOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
73 REDWOOD is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 73 on REDWOOD.